133 S 3rd St 405
Louisville, KY, 40202 $ 335,000
Bedrooms2 Baths2.0 Sq 1,512 Monthly Estimate*
$ 2,115
for $335,000 with 2 bedrooms and 2 full baths. This 1,512 square foot condo was built in 1905 on a lot size of 0.18.
Furnished Downtown Condo with STR Potential Short-term rentals are allowed. Sold furnished. AirDNA projects approximately $69,000 in annual gross revenue when configured as a three-bedroom sleeping six. That combination makes this one of the more interesting ownership opportunities in downtown Louisville. Located on the fourth floor of the historic Levy Building, this condo has been loved by the same owner since the building was converted to residences and has never before been offered on the MLS. It is currently configured with two bedrooms, but the layout offers a straightforward opportunity to create a third — an important consideration for a buyer looking to maximize guest capacity and income potential. The unit itself has another advantage within the building: desirable north-facing views of downtown Louisville. Large windows bring in abundant natural light while overlooking the cityscape and nearby green space, giving the property the kind of setting that photographs well and matters to both guests and occupants. . For a short-term rental, the location makes sense. Guests can walk within minutes to the KFC Yum! Center, Whiskey Row, Kentucky International Convention Center, Kentucky Center for the Arts, Museum Row, restaurants, NULU, bourbon experiences and many of downtown Louisville's biggest attractions. The unit has never been operated as an Airbnb, giving the next owner the opportunity to establish the property and operation from the beginning. The building has a story worth telling, too. Built in 1893 as the Levy Brothers clothing store, the Levy Building is listed on the National Register of Historic Places. Its elaborate exterior was illuminated with electric lights, helping inspire the old Louisville expression "lit up like Levy's." Today, just 23 condominiums occupy the residential portion of the building, served by two elevators. A large private storage unit on the mezzanine level conveys with the condo. Street parking and monthly parking options are available in neighboring garages, while the HOA covers water, trash, exterior and common-area cleaning and maintenance, and general liability insurance. The association also benefits from annual cellular tower lease revenue, providing an additional source of income to support its operations. Furnished. STR-friendly. Flexible three-bedroom potential. Walkable to Louisville's major downtown destinations. And AirDNA projecting approximately $69,000 in annual gross revenue. For an investor looking for a downtown Louisville property that can be put to work, this one deserves a serious look.
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FeaturesGeneralHeating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Fuel:Natural
Roof Rubber Flat
HOA Fee 0
Association Fee Includes Maintenance Grounds Sewer Snow Removal Trash Water
Architectural Style Other
Construction Materials Wood Frame Brick Stone
Year Built 1905
Stories Count 1
Unit Number 405
Property Subtype Condominium
County Jefferson
Property Type Residential
HOA true
Attached Garage false
Subdivision Name THE LEVY
Garage Y/N false
Total Rooms 8
Full Baths 2
Status Coming Soon
Directions Downtown Louisville at the northeast corner of Third and Market Streets.
City Louisville
High School District Jefferson
MLS Area 00-Central Downtown District/Old Louisville
Lot Size Units Acres
Lot Size Square Feet 7840.8
MLS Area Minor 00-Central Downtown District/Old Louisville
Standard Status Coming Soon
Tax Lot 0
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InteriorBasement None
Total Fireplaces 0
Total Stories 5
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1512
Half Baths 0
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
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ExteriorExterior Amenities See Remarks
Fencing None
Parking Features On Street See Remarks
Lot Features Corner Lot
Water Source Public
Lot Size Area 0.18
Foundation Details Poured Concrete
Building Area Total 1512
Lot Size Acres 0.18
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* Excluded FeaturesList Byjonathan@gokeysource.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,115
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Louisville, KY
Average List Price $270,115
Percent of Sale Price 19%
About Louisville, KY 240,969 Population
-5% Since 2002
$ 37,029 Median Income
37.52 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/29/2026 | $335,000 | | Listed Price |